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1176 Horizon Trace Dr, Azle, TX 76020

3 beds • 2 baths • 2244 sqft

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This property looks like a bad Airbnb investment with a projected -18.75% first-year return on $134k initial cash invested.

-18.75%

Cash On Cash

1.47%

Cap Rate

0.25

DSCR

$2,740

Rent

-$2,086

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$550k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$134k

Downpayment

20%

$110k

Closing costs

1%

$5,500

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,740

Total Expenses

$4,826

Mortgage P&I

97%

$2,651

Property Taxes

24%

$667

Home Insurance

7%

$192

HOA

0%

$0

Property Management

15%

$411

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$685

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